Senior Residence at Kapolei 2 Inc

Analysis

Senior Residence at Kapolei 2 Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Senior Residence at Kapolei 2 Inc reported income of $173k and spending of $275k, spending 159% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $145k to $173k (+19%), an average of +5.9% a year. Over the whole period it spent 165% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Residence at Kapolei 2 Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within HI. Charities of a similar size with the same main cause include Gary Greene Realtors Foundation ($173k), Wesley Developments ($173k) and E III Inc ($173k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.5m against liabilities of $336k, net assets of $3.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.